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Lanka issuing coin to mark Chinese Communist Party’s centenary
View(s):In an unprecedented move, Sri Lanka will be issuing a special coin to commemorate a foreign political party, the Communist Party of China (CPC), in view of its centenary celebrations.
A senior Central Bank (CB) official confirmed the decision but did not give details.
The Central Bank’s practice of issuing commemorative coins to mark significant milestones of diplomatic relations with foreign countries, has been extended, for the first time, to a foreign political party, the Sunday Times learns.
It is also learnt that there was also a possibility that China may have minted the coins and handed them free to the Central Bank of Sri Lanka and other friendly countries as a goodwill gesture for the centenary celebrations.
It is not clear as to whether this coin is to be issued as an un-circulated commemorative coin or a circulation standard commemorative coin, or both types.
China’s Central Bank began on Monday to issue a set of commemorative coins to celebrate the CPC’s 100th anniversary. The set has nine coins, including three in gold, five in silver, and one copper-alloy coin, the People’s Bank of China announced.
The three gold coins, each weighing 8 grams, depict different combinations of pictures, with one showing the site of the first CPC National Congress in Shanghai. They are all engraved with the CPC emblem and the national emblem.